Lot 7 of 20:
2.5 Acres, Kern County, CA  
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Lot closed - unsold

This is a Bid & Assume item--You purchase with FINANCING and make a monthly installment payment:
*$14,482 with monthly payments of $189 at 8.5% + a one time processing fee of $199 and a 15% buyer's premium!  New price of $11,000!

Your BID is your "DOWN PAYMENT" and will be deducted from the assumable balance of $11,000!

Guaranteed Financing is offered by the seller to the winning bidder!
Guaranteed Free & Clear Title!

Owner Financing!        No Credit Checks!        No Qualification to Own! 

Located 2 hours north of Los Angeles, is beautiful Kern County California. From the Sierras the county extends across the floor of the San Joaquin Valley to the eastern edge of the Temblor Range, part of the Coastal Ranges. To the south the county extends over the ridge of the Tehachapi Mountains. The Kern River area is a whitewater wonderland. The river and its tributaries offer some of the most varied, challenging and aesthetic whitewater boating in the world! The Kern Valley Golf Course is located 2 miles west of Kernville on Highway 155. This PGA rated, Par 72 course has everything you need to enjoy the grand sport 7 days a week. The Kern River has great fishing for Rainbow trout. The 20 mile section of river from Lake Isabella to the Johnsondale Bridge is open YEAR AROUND for fishing. The river is accessible from the road with numerous pullouts where you can just get out of your car and fish.

As of the 2000 census, its population is 661,645, but recent California Department of Finance estimates place the county population at 779,869. The county seat is Bakersfield.
The county has a large agricultural base and is a significant producer of oil, natural gas, hydro-electric power, wind-turbine power, and geothermal power. As of 2004, Kern remains California's top oil-producing county, with over 85% of the state's 43,000 oil wells. The county accounts for one-tenth of overall U.S. oil production, and three of the five largest U.S. oil fields are in Kern County. Kern is also noted for its mineral wealth, including gold, borite, and kernite.

Edwards Air Force Base, China Lake Naval Air Weapons Station, and Mojave Spaceport are located in Kern County.

Item # 23207
APN 469-251-07 E1/2 N1/2 W1/2 W1/2 N1/2 N1/2 E1/2 N1/2 Section 24 T31S R37E
Parcel Size (Approx) 2.5 Acres
Location Kern County, CA

 

Interest Rate 8.5% Type Raw Land
    Liens None-Free & Clear
    Sewer/ Septic None
Roads Dirt/Paved Property Taxes Less than $150 a year!
Dues None Deed Type Warranty 
Zoning

Agricultural,

Recreation

County Phone  661-868-3485

Categories: Bid & Assume

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Terms and conditions

Contract

Your Bid is a Contract.
 
Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.
 
Payment Commitment

YOU acknowledge that if you are the winning bidder, there will be an initial payment of $50 USD charged to your credit card on file.

You understand that this payment is to secure your purchase and will be deducted from your invoice total. You also acknowledge that you have three (3) business days to contact GovernmentAuction.com to arrange payment for the remaining balance.

If you do not contact GovernmentAuction.com you acknowledge that your credit card will be charged the remaining balance on the fifth (5) business day.

 
Payment Details
NOTE** Make sure before bidding that you read all the terms for the specific Lot you are bidding on.
 
Land - Straight Sale: What you bid is the price for this property plus a 15% buyer’s premium and low processing fee of $249.00. Most images are of the general area and may not be of actual property.
 
Land - Bid and Assume: Your bid is for the down payment and then you will assume the low balance/monthly payments noted in the terms section of the property you have won plus a 15% buyer’s premium and a low processing fee of $199.00. Most images are of the general area and may not be of actual property.
 
We charge $6 per month collection fee - yearly taxes will be prorated over 12 months. The Collection fee and yearly taxes will show on your payment coupon along with your monthly payment.
 
Taxes
Local Taxes Apply
 
Terms and Conditions
All parcels must be paid for within 5 working days by the respective purchaser. A few properties will be offered as Bid and Assume sales. Your bid on these types of properties is your down payment, you then will assume the low balance and low monthly payment (noted in the terms on that specific property). You will be able to identify these foreclosure properties by their listing lines (Bid and Assume with monthly payment). GovernmentAuction.com will prepare all paperwork to insure a proper transaction. Once paid in full, property will be deeded by legal binding warranty deed.
 
Online Bidding
You are required to keep your login information in a safe and secure location. For this reason, the person posting bids online is assumed to be the account holder. Bids may be retracted up to 1 hour before the start of auction, however anytime thereafter, your bid is your contract.